What is Binance ETH Staking?
If you want to become a validator on Ethereum, you are required to stake a minimum of 32 ETH. You will need to fulfill the minimum staking requirement, prepare the hardware equipment, and hold some additional assets to settle the node operation costs. You must also consider other risks, such as slashing and liquidity risks associated with unstaking queues.
To address this, Binance launched the ETH Staking service to offer a more accessible way for everyone to participate in Ethereum staking. This inclusive approach allows for a minimum stake starting from only 0.0001 ETH. Moreover, Binance handles all validator operations associated with ETH Staking and assumes on-chain penalty risks, providing users a secure and worry-free staking experience.
